📈 ORCA / USDT — 15M
$ORCA is pulling back after reaching the $1.42 high, and price is now retracing through the key Fibonacci levels — 0.382, 0.5, 0.618, and 0.786 — all aligning just above the main demand zone. This area represents the corrective phase where the market typically decides whether buyers are ready to step back in.
The blue support zone is the primary point of interest. A controlled dip into this area, followed by signs of strength, would set the stage for a continuation toward the previous high.
Here’s the structure:
$1.42 — recent high and upside objective
$0.995 — swing low anchoring the retracement
Fib levels (0.382 → 0.786) — guiding the pullback
Blue zone — core demand and the level to watch for a reaction
The idea is straightforward:
Allow price to complete its retracement, observe how it behaves inside the demand zone, and look for confirmation before positioning for a move back toward premium levels.
A clean, disciplined setup — letting ORCA come into value before considering long exposure.
